Mellanox Technologies Updates First Quarter Outlook

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Go back to Mellanox Technologies Updates First Quarter Outlook

Mellanox Technologies (MLNX) PT Raised to $85 at DA Davidson; 25G Investment Paying Off

February 22, 2018 8:29 AM EST

DA Davidson raised its price target on Mellanox Technologies (NASDAQ: MLNX) to $85.00 (from $80.00) while maintaining a Buy rating.

Analyst Mark Kelleher noted the company released updated revenue guidance of $240M-$250M. This compares with its prior guidance of $222M-$232M released on January 19. All... More

Mellanox Technologies (MLNX) PT Raised to $94 at Stifel; Strong Start to Year

February 22, 2018 7:23 AM EST

Stifel raised its price target on Mellanox Technologies (NASDAQ: MLNX) to $94.00 (from $80.00) while maintaining a Buy rating after the company provided an update to its 1Q18 financial results, with revenue expected to be about 8% above previous guidance.

Analyst Kevin Cassidy commented, "We believe... More